(Reuters) – Tuesday’s stock market view was the first to suggest that Elon Musk is unlikely to acquire. Twitter Inc (NYSE:) For $44 Billion, As He Originally Designed.

Based on Twitter shares hitting $46.75, the implied probability that the deal would close at this price dropped below half-way, based on the purchase price of $54.20 and Twitter’s share closing price at $39.31 April 1 (the last day trading before Musk announced that he owned a stake).

Twitter shares plunged as low as 3% in afternoon trading to reach a low point of $46.50

Musk is the richest man in the world and the CEO of Tesla Inc (NASDAQ:) Inc. On April 25, he signed a deal for the acquisition of the social media site. Twitter reported at that time that Musk had secured $25.5 Billion in debt financing, margin loans and equity funding and was offering a $21 Billio commitment.

Forbes estimates Musk’s net worth at $268 billion.

To ensure the survival of humanity, it is vital to have a trusted public platform. In a recent talk, he stated that he doesn’t care much about economics.